BRI cooperation vital in fight against virus
The Belt and Road Initiative (BRI) is a global cooperation mechanism that has proven capable of saving lives from the deadly virus and bringing more opportunities for the world's economic recovery.
US system has failed, causing a coronavirus rescue mess
The US' very institutions and its boastful system have failed, miserably!
US system has failed, causing a coronavirus rescue mess
The US has become the epicenter of a relentless onslaught of the coronavirus, as more than 50,000 innocent lives have succumbed to the menace now. The pathogen is yet to show any sign of abating in the country, and hundreds of millions of Americans are sheltering at home, shuddering at the perilous thought of contracting the infection.
Why is China's service sector employment resumption slow?
The COVID-19 pandemic has severely hammered the world and China's economy. The country's GDP in the first quarter of 2020 posted its first decline in decades as the virus halts economic activities. Meanwhile, prospects for the US and European countries are even more dismal. Boosting economic recovery has become the top priority at every governmental level.
US stock market may see another round of turbulence
The US stock market's historical trend has basically been in line with the country's economic fundamentals. The latest round of turbulence was triggered by the gloomy economic prospects amid the deadly virus outbreak. The US' unprecedented rescue package eased liquidity and prevented its credit chains from collapsing. Technically, as long as the US Federal Reserve is willing to buy, the current financial crisis will not become desperate.
Most countries dismiss US' blame-shifting amid pandemic
The coronavirus situation in the US and Europe is now so serious that it is overwhelming the ability of numerous Western governments to develop strategic policies. Given the immense efforts and suffering the Chinese people put into fighting the coronavirus, it is difficult for them to imagine that the situation in the West is very many times worse than it was at the worst moment of the crisis in China. But this reality is proven by the facts.
US stock market may see another round of turbulence
Influenced by epic oil price volatility, main US stock indexes fell about 3 percent Tuesday. Despite regaining ground Wednesday, the market turning bearish after the February slump still faces turbulence under further impact of pandemic.
Reflections on neoliberalism needed while fighting virus
As the world has been drawn into the deadly coronavirus pandemic, debates on the pandemic's deeper impact on the process of globalization have arisen. The relationship between capital and governments can therefore not be ignored.
Intelligent tech's contribution and growth amid COVID-19 prevention
Intelligent technology has played an important role in China's fight against the coronavirus outbreak with rapid development and application of innovative products, most of which may become industrial giants and generate vital strength for future economic growth.
40 China-US gap indicators: Before and after the trade war
Debates over China-US relations and whether the former as emerged has the stronger economy, or if China will be unable to catch up with the latter in a century, have arisen as the COVD-19 pandemic weighs on the trade war.
LDCs foreign debts amid pandemic should be resolved with development perspective
As nations worldwide fight the coronavirus (COVID-19) pandemic, Least Developed Countries (LDCs) are facing additional risks with a virus-driven debt crisis, according to a recent United Nations report.
China should adjust energy strategy in volatile world
China should adjust energy strategy under anti-globalization trend
Premature for Trump to restart the US economy
US president Donald Trump will place more precious American lives in harm's way if he stubbornly hastens a reopening of the economy being shut down.
Chinese economy to embrace resounding rebound in Q2
China's economy in the first quarter of 2020 contracted 6.8 percent year-on-year, as the country was the first to be pummeled by the unexpected outbreak of COVID-19.
To save lives, the government ordered all non-essential businesses shut down, which caused a broader revenue plunge across the manufacturing and services sectors – main contributors to the economy.
Wild-growing capital breeds chaos in Western countries amid pandemic
The novel coronavirus pandemic has drawn the world into an unprecedented disaster which is also a test for countries' survival and management abilities. The chaos that keeps emerging in Western countries amid the outbreak is mostly because of the wild-growing capital force.
2020 GDP target needed despite stacked downward pressure amid pandemic
Severely impacted by the coronavirus, China's economic growth for the first quarter might fall between negative 5 percent and negative 3 percent.
Global soybean markets face major virus uncertainty
With the spread of the COVID-19 pandemic, global food supply and distribution have been affected to a certain extent.
China's banks remain robust amid pandemic
China's banking system has remained robust after two years of reform and risk reduction efforts and can handle bad debt increases brought about by the coronavirus (COVID-19) pandemic. It is unreasonable for western media to allege that rising debt would collapse China's banks, which have taken fewer hits when compared to US banks.